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For Sale
Just Listed
Open House Sat 1820

40 Morningside Avenue

High Park-Swansea, Toronto, ON
$2,499,000
4Bd
5Ba
2,250+sqft
3Parking
25 x 90 ftlot
$1111/sqft
DetachedMLS# W13026412Listed 2026-04-212 DOM
Heating
Water Heater
Cooling
Central Air

Just listed! New listings in Toronto often receive offers within the first week.

About this home

Welcome to 40 Morningside Avenue, a rare newly-built legal duplex offering just under 2,800 sq. ft. of sophisticated living space in a premier Toronto location. The airy main level impresses with soaring 10 ft. ceilings and an expansive open-concept layout that flows beautifully for entertaining, complemented by a cozy gas fireplace in the family room and the convenience of direct interior access to the garage. The home's crown jewel is the spectacular third-floor primary suite, a dedicated private sanctuary featuring a south-facing balcony with breathtaking views of the surrounding greenery. This property offers incredible versatility through its legal basement apartment, which feels like a primary living space thanks to tons of natural light, a full kitchen, and its own separate HVAC equipment. This lower level serves as a high-potential income generator, a suite for a stay-in nanny, or a professional home office, yet it can be easily integrated back into the main home by opening the drywall across from the garage door. Perfectly situated for the active urbanite, you are a mere stone's throw from the 400-acre oasis of High Park and within easy walking distance of the Bloor subway line, offering the perfect balance of nature and transit accessibility. This is a rare opportunity to own a modern, high-ceilinged masterpiece with flexible living options in a location that is truly second to none.

GarageBasement AptFireplace

Rooms

Other
Living Room6.70 × 3.50 m
Dining Room6.70 × 3.50 m
Kitchen4.57 × 3.25 m
Family Room5.74 × 3.96 m

Features

  • Water Heater
  • Sump Pump
  • Storage
  • In-Law Suite
  • Guest Accommodations
  • Built-In Oven
  • Carpet Free
  • Porch
  • Lighting
  • Separate Entrance
  • Apartment
  • Central Air
  • 3-Storey

Financials

Annual Taxes
$0

Estimated Rental Income

Entire property$4,000 – $6,500/mo
Rental yield1.9% – 3.1%

*Estimates based on comparable rentals in the area. Actual income may vary.

Market Data — Toronto

Days on market2 days
Buyer's MarketSeller's Market

Based on active listings in Toronto. Data updates daily.

Demographics — Toronto

Population
2,794,356
Avg Household Income
$102,000
Age Distribution
0-19
19%
20-34
24%
35-49
21%
50-64
19%
65+
17%
Ownership
53% own · 47% rent
EnglishMandarinCantoneseTagalogTamil

Our estimate for this home

Priced 10.1% below estimate
Estimated range
$2.57M$2.99M
Mid-point $2.78M · ~$1235/sqft
How this listing compares
$2.57MList · $2.50M$2.99M
Medium confidence·Based on 12 high park-swansea comparables

Estimated range is generated automatically from active comparables and is for informational purposes only. Not an appraisal — contact Aman for a full comparative market analysis that factors in condition, renovations, and positioning.

MLS® data courtesy of the Toronto Regional Real Estate Board (TRREB).

The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. Listing information is deemed reliable but is not guaranteed accurate by the Toronto Regional Real Estate Board, the listing brokerage, or this website. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. MLS®, Multiple Listing Service®, and the associated logos are owned by CREA. Not intended to solicit properties currently listed for sale or buyers under contract.

$2,499,000
40 Morningside Avenue, Toronto
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